The Prosperident Pulse #129 April 2023 - Information you can use in your practice

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The Prosperident Pulse #129 April 2023 - Information you can use in your practice

Here is Prosperident Pulse #129, our newsletter for April 2023. Want to receive our newsletter in your inbox every month? Click HERE to sign up.


Phone: 888-398-2327 Web: www.prosperident.com April 2023

Webinar May 11
If you enjoy Prosperident webinars, we have a treat for you. On May 11, watch Prosperident ace investigator Scott Clifford and Dr. Deborha Staten talk about the major embezzlement that took place in Dr. Staten's Nevada office. Click on the picture above for a quick video preview.
It's a gripping story of trust and betrayal. You can register at no cost HERE.
Tired of the same old continuing education?
We have attention-grabbing titles like "They didn't teach me THAT in dental school" and "How to Outsmart the Thief in Your Practice."
If you would like to book a Prosperident speaker, click THIS LINK.
Here are some of the places you can see us soon:
Apr 20-21 Western Regional Dental Experience Phoenix AZ
May 4 Michigan Dental Association Grand Rapids MI
Sep 8 Orthopreneurs Summit Orlando FL
Sep 22 Spear Education Virtual
Oct 20 Northeastern Society of Orthodontists Montreal QC
Oct 21 Thompson Okanagan Dental Society Kelowna BC
Electronic Funds Transfers - Not Recommended!
At Prosperident, we never fear challenging the "conventional wisdom" when it doesn't make sense.
For many years, having third-party payors like insurance companies directly deposit their payments into a practice's bank account was felt to be a safe and efficient way to get paid, and it was even touted as a means to lessen the risk of embezzlement.
While we once felt that way, we no longer believe that electronic funds deposits are either the safest or most efficient way to get paid. You can read our reasons for this bold statement HERE.
The View from the CEO's Chair
We have been performing embezzlement investigations for over three decades. We started doing this work before practices were computerized. I'll confess that I don't miss poring over dusty "pegboard" daysheets and ledger cards.
As time passed, we increasingly got calls from people who didn't feel the need for an investigation, but wanted to tap into our knowledge of how embezzlement happened, and the systems failures that enabled it, to get ahead of the problem and actively decrease their embezzlement risk.
In 2016, we took a major step forward and began offering proactive services to clients. It started small, but I am pleased to say that our flagship product in this area, known as Owner Proactive Strategies, will probably overtake investigations as our most in-demand product by 2025.
Why? Because just like in a patient's mouth, prevention is less expensive and less invasive than remediation. One of our clients, Dr. David Hughes, expressed it beautifully HERE.
Want to learn more? Information on our proactive work is available HERE. I'd love to have a conversation with you about how to protect your practice against embezzlement. Click HERE if you would like to chat.
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